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    Question

    India’s Purchasing Managers’ Index (PMI) for manufacturing recovered slightly in October to 55.3 from 55.1 in September,2022 , this survey is compiled by which of the folloiwng firm?

    A S&P Global Correct Answer Incorrect Answer
    B Venture Correct Answer Incorrect Answer
    C Forbes Correct Answer Incorrect Answer
    D Harun Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    India’s Purchasing Managers’ Index (PMI) for manufacturing recovered slightly in October to 55.3 from 55.1 in September,2022  as growth remained robust and price pressures were contained. The survey compiled by S&P Global reflected an improvement in employment and purchases by factories. A print above 50 in the survey indicates expansion in manufacturing activity while a score below that represents contraction. S&P Global                                   Headquarters: New York,US                         CEO: Douglas L. Peterson PMI or a Purchasing Managers' Index (PMI) is an indicator of business activity -- both in the manufacturing and services sectors. It is a survey-based measures that asks the respondents about changes in their perception of some key business variables from the month before.

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